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SYDNEY -(MarketWatch)- A cataclysmic rise in the local currency has made Australian cities among the least affordable in the world, a survey by consulting firm Mercer showed Tuesday.
After a more than 30% rise in the local unit in the past year, Australia now has four of the 31 most expensive cities in the world. Sydney, its largest city, is now the 14th most expensive in the world, up from 24th a year ago. Among the biggest gainers in the entire global survey, the mining capital of Western Australia, Perth, rallied 30 places to stand at 30th. Rounding out the list, Melbourne rose 12 places to rank 21st, while Brisbane rose 24 spots to 31st.
With our stupid goverment and carbon tax it wil rise in even more
SYDNEY -(MarketWatch)- The Labor-led government of Australian Prime Minister Julia Gillard came under renewed pressure Tuesday with a closely watched opinion poll showing its popularity at record lows just days after it introduced the terms of a controversial tax on carbon emissions.
Originally posted by TRiPWiRE
They are trying to tell us it will add roughly $9.90 (pretty exact of them) per week to the average household.
Personally, I wouldn't believe Julia Gillard if she told me she had red hair. This is the same woman who said this pre-election -
www.youtube.com...
And here we are, facing a carbon tax. Initiated by her & her cronies.